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Samajwadi Party’s policies on economic issues

These issues below are sorted in descending order based on how important the average Indian [people] voter ranked them on the quiz.

Topics

the Economy  ›  Economic Stimulus

Should the government use economic stimulus to aid the country during times of recession?

SP>SP  ChatGPTYes, the government should intervene to boost a recovery

the Economy  ›  Minimum Wage

Should the government raise the national minimum wage?

SP>SP  ChatGPTYes, and adjust it every year according to inflation

the Economy  ›  Taxes

Should India raise taxes on the rich?

SP>SP  ChatGPTYes

the Economy  ›  Domestic Jobs

Should the government provide tax incentives to private companies to keep jobs within the country?

SP>SP  ChatGPTYes, and drastically increase taxes and import tariffs on outsourcing businesses

the Economy  ›  Business Tax

Should the government increase taxes on private business?

SP>SP  ChatGPTYes


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the Economy  ›  Right to Work

Should the government guarantee wage employment to every low income household?

SP>SP  ChatGPTYes, and more help should be provided for lower income citizens

the Economy  ›  Inheritance Tax

Should India abolish the inheritance tax?

SP>SP  ChatGPTNo

the Economy  ›  Corporate Tax

Should the government raise or lower the tax rate for corporations?

SP>SP  ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy  ›  Labor Unions

Do you believe labor unions help or hurt the economy?

SP>SP  ChatGPTHelp

the Economy  ›  Foreign Defense Investment

Should India allow foreign countries to transfer their military production to India?

SP>SP  ChatGPTNo, we should focus on developing our own defense industry

the Economy  ›  Foreign Direct Investment

Should India allow international retail chains such as Wal-Mart and Tesco more or less entry into India?

SP>SP  ChatGPTLess, foreign direct investment hurts the local economies and jobs of India

the Economy  ›  Government Spending

Should the government make cuts to public spending in order to reduce the national debt?

SP>SP  ChatGPTNo, increase taxes on large multinational corporations instead

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

SP>SP  ChatGPTNo

the Economy  ›  State Ownership

Should the government acquire equity stakes in companies it bails out during a recession?

SP>SP  ChatGPTYes, the government should receive equity for any financial aid they provide to companies

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

SP>SP  ChatGPTYes

the Economy  ›  Welfare

Should there be fewer or more restrictions on current welfare benefits?

SP>SP  ChatGPTFewer, and ensure benefits go to those that need it most

the Economy  ›  Surcharge Ban

Should the government ban surcharges tacked onto concert tickets, cable bills, banking services, hotel bookings and other purchases?

SP>SP  ChatGPTYes, all costs for a service should be included in the final purchase price

the Economy  ›  VAT Rates

Should VAT rates be increased or decreased?

SP>SP  ChatGPTDecrease, but only on food and medicine

the Economy  ›  Black Money

Should India reduce income taxes on the wealthy in an effort to reduce black money?

SP>SP  ChatGPTNo, but punish citizens and foreign banks that hide black money

the Economy  ›  Tariffs

Should the government add or increase tariffs on products imported into the country?

SP>SP  ChatGPTYes, this will help create and save more jobs

the Economy  ›  Four-day Workweek

Should India transition to a four-day workweek?

SP>SP  ChatGPTNo

the Economy  ›  Gig worker tax reporting

Should online payment platforms be forced to report all transactions over $600 to the IRS?

SP>SP  ChatGPTYes, except for low income citizens

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

SP>SP  ChatGPTYes, adjust them yearly for cost of living

the Economy  ›  Decentralized Finance

Should the technology of our financial system transition to a decentralized protocol, that is not owned or controlled by any corporation, similar to the internet?

SP>SP  ChatGPTYes, this would reduce wealth inequality by providing more transparent, affordable, and inclusive access to financial services

the Economy  ›  Bonus Cap

Should bankers’ bonuses be capped at 100% of their pay?

SP>SP  ChatGPTYes, and nationalise the banks

the Economy  ›  Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

SP>SP  ChatGPTNo, classify cryptocurrencies as highly regulated securities